XML 14 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements Of Income - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Income Statement [Abstract]    
Transportation and terminals revenue $ 431,937 $ 392,671
Product sales revenue 241,592 245,620
Affiliate management fee revenue 5,250 3,783
Total revenue 678,779 642,074
Costs and expenses:    
Operating 143,296 131,592
Cost of product sales 199,592 172,876
Depreciation and amortization 51,879 47,298
General and administrative 46,556 40,281
Total costs and expenses 441,323 392,047
Earnings of non-controlled entities 34,538 21,446
Operating profit 271,994 271,473
Interest expense 56,652 51,212
Interest capitalized (4,647) (4,197)
Interest income (579) (292)
Other expense 8,724 1,170
Income before provision for income taxes 211,844 223,580
Provision for income taxes 934 844
Net income $ 210,910 $ 222,736
Basic net income per limited partner unit (in dollars per share) $ 0.92 $ 0.98
Diluted net income per limited partner unit (in dollars per share) $ 0.92 $ 0.98
Weighted average number of limited partner units outstanding used for basic net income per unit calculation (in dollars per share) 228,320 228,109
Weighted average number of limited partner units outstanding used for diluted net income per unit calculation (in dollars per share) 228,360 228,159